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Ebiquity PLC - London-based media and marketing consultancy - Posts revenue of GBP76.0 million for 2022, up 20% from GBP63.1 million in 2021. Notes improved profit across all regions and business units. Pretax loss, however, widens to GBP7.2 million from GBP5.7 million, while adjusted pretax profit rises by 95% to GBP8.0 million from GBP4.1 million a year earlier. Adjusted earnings per share climb to 5.4 pence per share from 2.7p a year earlier. Looking ahead, Ebiquity says trading in the current year has started in line with its expectations, with continued growth momentum and opportunities for "operational efficiencies".
Chief Executive Officer Nick Waters says: "We have delivered a strong performance in 2022 and made significant progress against our strategic objectives and target operating metrics. This has resulted in a significant increase in revenue, which was up 20%, including organic growth of 9% and adjusted operating profit almost doubling."
Current stock price: 54.00 pence each, up 4.9% on Thursday around Midday in London
12-month change: down 10%
By Xindi Wei, Alliance News reporter
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